Which business property practitioners qualify for a trust exemption?

1. Business property practitioners that have never received trust monies

2. Business property practitioners that no longer receive trust monies

3. Business property practitioners that mandates Payment Processing Agents to handle all their trust monies, provided:

• The Payment Processing Agent is registered with the PPRA and has a valid FFC;
• The Payment Processing Agent operates a trust account environment that complies with the PPA
• The Payment Processing Agent is audited annually and submits the 3 required reports to the PPRA